NEW YORK— Steven Donziger once stood to gain hundreds of millions of dollars for winning a $9.5 billion environmental-contamination verdict against Chevron Corp. CVX -0.41% in Ecuador. Now, that judgment has been discredited, Mr. Donziger Continue Reading
Oil majors may be slashing spending and deferring development plans across the globe, but they remain committed to developing the newest offshore oil finds in the heart of Latin America. Continue Reading
Venezuela’s oil exports are hanging tough around 700,000 bpd, where they have been for the last three months, according to tanker tracking data and PDVSA documents cited by Reuters . Continue Reading
Once again, for the third time in less than two years, Colombia is saturated by protests sparked by President Ivan Duque’s proposed tax reforms which are aimed at stabilizing government Continue Reading
For most of this month, intensive care units across Brazil were at or near capacity amid a crush of COVID-19 patients, and sedatives needed to intubate patients dwindled. The nation’s Continue Reading
The giant U.S. oil company objected last June when Washington proposed allowing duty-free rose imports from the world’s poorest countries, including Ecuador. A decade earlier, an Ecuadorean court had blamed Continue Reading
Despite lengthy lockdowns and closed borders across South America, the continent is one of the worst affected by the COVID-19 pandemic. Three countries, Brazil, Argentina and Colombia rank among the Continue Reading
A few weeks before Christmas, Venezuela’s president Nicolås Maduro made a major announcement about his plans to tackle coronavirus. His vice-president, Delcy Rodriguez, had just arrived back from Moscow bearing Continue Reading
A group of American oil executives held in a crowded Venezuelan prison were released to house arrest Friday, according to a person briefed on the negotiations. The employees of Houston-based Continue Reading
Venezuela’s attorney general said on Thursday that 10 officials from state-owned oil company Petroleos de Venezuela (PDVSA) were arrested for allegedly diverting and selling some 3 million liters (792,516 gallons) Continue Reading
